Santa Fe has entered into an agreement to acquire Interdean.
Santa Fe has entered into an agreement to acquire Interdean. Interdean has 48 offices with 1,200 employees in 35 countries across Western and Eastern Europe, Russia and Central Asia. This announcement follows only a few months after Santa Fe acquired Wridgways in Australia.
The company says that the addition of Interdean to the Santa Fe Group marks an important milestone and will greatly benefit its customers and trade partners. The collective company will offer professional moving, relocation, and records management services through 120 offices in 50 countries. The company already performs approximately 100,000 relocations each year.
In a statement today (27 April, 2011) the company said: “Combining Interdean’s extensive network with the existing Santa Fe and Wridgways networks throughout Asia-Pacific and the Middle East provides a single source solution to our customers and partners across three continents. Santa Fe and Interdean have been close partners for a number of years and already exchange a considerable amount of reciprocal business. The merger is therefore a natural fit and will add value through increased efficiency and additional services with a pure focus on serving our clients.”
Although Santa Fe has said that it will continue to expand its business in the Middle East and parts of Asia-Pacific it will not be making any acquisitions in North America.
The statement continued: “We are pleased that Interdean’s senior management team is enthusiastic about the merger and remains committed to the company. We have great respect for the entire Interdean organization and what they have accomplished in building Europe’s leading moving and relocation services organization. Their experience and skills are key reasons behind this merger and will benefit our clients and the entire Santa Fe Group.”